Lightbank Capital Senior Associate Ryan Fukushima plans on making a trip to Cincinnati to scout out prospects for startups it can take back to Chicago.

The Chicago venture capital firm recently opened a new co-working space called the Warehouse and is offering three months of free rent to Cincinnati companies willing to move to Chicago.

“We’re seeing people spinning out from the P&Gs of the world and starting their own companies, and that is attractive to us," Fukushima told the Cincinnati Business Courier. "A lot of times large companies are slow to move where startups can be agile, so partnering with them can spur innovation.”

Lightbank was formed by the founders of Groupon to spur innovation in Chicago.

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